After the period of time the bank requires to start counting rental income as income, do they use your NOI or your cash flow as the added income?

you can use your IRA and your own funds, but no matter what you do it has to be the exact same percentage, so if you invest 50% IRA and 50% own cash or loan..50% of the net income has to go back into the IRA, leaving you the other 50%

That was my strategy and now my only intent is increasing monthly income by acquiring more.

I am looking to acquire property to generate passive income to put towards a retirement plan.  

Its a Triplex with an unfinished bonus room with possibility of making a studio rental.Current Income: $2755Mortgage Expense: $2600Current mortgages total $349K  (1st+2nd)Owner is open to creative financing.  

We have great credit scores and high income.

As oppose to stocks, I know if done right, REI can help bring in a supplemental income and provide financial freedom.

I'm a newbie just trying to get educated so that I can learn my way in this business as a way to make some passive income.  

I'm considering diverting more of my income into tax advantaged accounts, as it's not worth paying taxes on the income now if I can't find good opportunities to invest the money.  

I heard about this site through a podcast and have been wanting to look into getting into real estate investing as a way to generate passive income.